Is Simonds Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Simonds Group Ltd (SIO.AX) is currently classified as NOT HALAL as of April 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Simonds Group Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Simonds Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Simonds Group Ltd?

Muslim investors may consider investing in Simonds Group Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Simonds Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Simonds Group Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Simonds Group Ltd updated?

The Shariah compliance status of Simonds Group Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Simonds Group Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Simonds Group Ltd?

You can check the latest Shariah compliance status of Simonds Group Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SIO.AX Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 17, 2025

Report Source: 2025 2nd Quarter Report

Simonds Group Ltd. Stock Analysis SIO.AX

Australia Consumer Staples Nano Cap Report: Q2, 2025

Simonds Group Ltd. engages in designing and construction of residential dwellings, development of residential land and providing registered training courses. The company is headquartered in Melbourne, Victoria. The company went IPO on 2014-11-17. The diverse product range offered by it caters to every type of buyer with single and double-storey detached homes, medium density development, and dual occupancy projects. The company is engaged in designing, selling, and construction of residential dwellings. Its businesses include Simonds Homes, which is a homebuilder in Australia. Its Simonds Homes product range includes single and double story detached homes, with a target market being first and second home families in the metropolitan areas and large regional cities. Its segments include Residential construction and Development. The Residential construction segment includes activities relating to contracts for residential home construction, speculative home building and the building of display home inventory. The Development segment includes activities relating to land development and sales.

Key Statistics of Simonds Group Ltd (SIO.AX)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

AUD0.14AUD0.14

Today's Open

AUD0.14

Volume

8.00

P/E Ratio (TTM)

49.64

52 Week Range

AUD0.10AUD0.18

Market Cap

48.59M

Avg. Volume

43.41K

Dividend Yield

Financial Metrics & Statements of Simonds Group Ltd (SIO.AX)

FAQ's for Simonds Group Ltd (SIO.AX)

According to Musaffa’s Shariah screening methodology, Simonds Group Ltd (SIO.AX) is currently classified as NOT HALAL as of April 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.